A risky recovery – The Hindu (Jan 24, 2018)

A risky recovery – The Hindu (Jan 24, 2018)

A broad-based recovery in global growth may be gathering steam, but the price the world will have to pay for it is still unknown. For further reading, visit “The Hindu”.

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Courtesy: The Hindu

Word List-2 (To Improve English Vocabulary)

1. broad-based (adjective) – wide-ranging, general.
2. monetary stimulus (noun) – an attempt by a government to make the economy grow faster by increasing the money supply (the amount of money in the economy).
3. gather steam (phrase) – increase in energy, momentum or impetus.
4.  World Economic Outlook (WEO) (noun) – a database contains selected macroeconomic data which presents the IMF staff’s analysis and projections of economic developments at the global level, in major country groups and in many individual countries. The WEO is released in April and September/October each year.
5. clock (verb) – achieve, attain, register.
6. cyclical (adjective) – recurrent, recurring, regular.
7. oblivious (adjective) – unaware, heedless, unconcerned.
8. derail (verb) – obstruct, impede, hinder.
9. debt (noun) – liability, financial obligation, borrowed capital.
10. prop up (phrasal verb) – support, assist, fund/finance.
11. it is no secret that (phrase) – used to say something is well known.
12. unprecedented (adjective) – not done or experienced before.
13. inherent (adjective) – fundamental, basic, intrinsic.
14. fuel (verb) – stimulate, intensify, support.
15. cease to exist (phrase) – expire, perish drop off/decrease.
16. spook  (verb) – frighten, appal, shock.
17. prospect (noun) – outlook, promise, possibility.
18. liquidity (noun) – liquid assets; cash; (liquid asset is an asset which can be easily sold/converted into cash without losing its value).
19. downturn (noun) – setback, upset/blow, decline (in business activity).
20. reckoning (noun) – evaluation, judgement, appraisal.
21. dovish (adjective) – peaceful, diplomatic, accommodating. (Hawkish means aggressive, combative, belligerent).
22. inflation (noun) – increase of price level of goods & services & vice versa decrease of currency value.
23. rosy (adjective) – promising, optimistic, hopeful/favourable.

Note:   

1. Click each one of the words above for their definition, more synonyms, pronunciation, example sentences, phrases, derivatives, origin and etc from http://www.oxforddictionaries.com/.

2. Definitions (elementary level) & Synonyms provided for the words above are my personal work and not that of Oxford University Press. Tentative definitions/meanings are provided for study purpose only and they may vary in different context. Use it with the corresponding article published on the source (website) via the link provided. 

3. This word list is for personal use only. Reproduction in any format and/or Commercial use of it is/are strictly prohibited.